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Dec 30, 2012
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would stop the increase of the estate tax. the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor that would increase taxes for households that earn a quarter million dollars or more, and respect -- expect republicans would block that proposal. but rather than take it back as a stopgap measure, think of it as a political move to try to shift the responsibility of failure on to republi watches the hour of reckoning. >> as the deadline approaches, our coverage of the fiscal cliff negotiations continue on television and on-line at wjla.com. >> some people in the area are still cleaning up after the high wind thursday. and, apart, a tree crashed through a house. -- in takoma park, a tree crashed through a house. in mclean, trees littered the georgetown park way. >> maryland health officials are reporting their first death related to hypothermia of the season. the health department says a 65- year-old man died in frederick county between december 18-24. pulte officials did not rel
would stop the increase of the estate tax. the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor that would increase taxes for households that earn a quarter million dollars or more, and respect -- expect republicans would block that proposal. but rather than take it back as a stopgap measure, think of it as a political move to try to shift the responsibility of failure on to republi watches the hour of reckoning. >> as the deadline...
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Dec 30, 2012
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>> that is right, the temporary payroll tax cut is set to expire, affecting everyone getting a paycheck. we are told senate leaders are trying everything, private conferences, phone call, email trying to hammer out a deal before the deadline. the clock is ticking, just three days left now. >> i'm hopeful and optimistic. >> this weekend, government issued the's are arriving at the capitol signal talks are still going on, but the americans are getting impatient. >> sit down, get in a room, and don't come out until you get this taken care of. >> right now, harry reid and mitch mcconnell are working on a so-called mini deal to prevent a tax increase for roughly 98% of american workers, extending unemployment benefits to nearly 2 million people, preventing cuts to medicare doctors. >> whenever we come up with will be in perfect. >> it comes up with president obama calls the bare minimum addressing tax cuts without doing anything to curb spending. >> we will get at best a patch and be here again in two months. congress cannot get out of its own way. >> average family would pay an extra $3,400
>> that is right, the temporary payroll tax cut is set to expire, affecting everyone getting a paycheck. we are told senate leaders are trying everything, private conferences, phone call, email trying to hammer out a deal before the deadline. the clock is ticking, just three days left now. >> i'm hopeful and optimistic. >> this weekend, government issued the's are arriving at the capitol signal talks are still going on, but the americans are getting impatient. >> sit...
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Jan 1, 2013
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your taxes would go up if the is enacted. could be ideal tonight in the senate. e house has gone home for tonight. i am told as long as they vote pretty soon, it would not be a major disaster. we will keep our eyes on this. we will latino. >> tomorrow is a federal -- we will let you know. >> one thing that was completed was a pay raise for all federal workers. president obama signed an granting arder raise. include members of congress and the white house staff. mr. obama will not be getting a raise. will -- not all will get a raise, and -- be out of the job. leon panetta said he does not the day-to-day operations dramatically if we go over the fiscal cliff. the planning has begun for a layoffs. government civilian furloughs could impact to 800,000 workers. we're learning more about a crash to second involving prince william county. yung died a short time colliding with a minivan bristow. withe witness we spoke describes a chaotic scene. could see people trying to the police officer. it was hard to see through the smoke and flames. >> i thought it was going to exp
your taxes would go up if the is enacted. could be ideal tonight in the senate. e house has gone home for tonight. i am told as long as they vote pretty soon, it would not be a major disaster. we will keep our eyes on this. we will latino. >> tomorrow is a federal -- we will let you know. >> one thing that was completed was a pay raise for all federal workers. president obama signed an granting arder raise. include members of congress and the white house staff. mr. obama will not be...
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Dec 29, 2012
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many worry about the tax increases that could kick in. and they are angry we are four days a out with no deal. >> it is ridiculous. this is a necessary. >> while the republican senate minority leader is staying positive the democratic senate majority leader warns -- >> whatever we come up with is going to be imperfect and some people are not going to like it. >> the president says if a big deal cannot be reached, he wants at least a smaller deal to keep middle-class taxes from going up and to extend unemployment benefits. >> at this point, i just hope they get something done. >> click on need to come together and come to an agreement. both sides are at fault. >> reitman, this is the plan for the weekend. the senate plans to go into recess tomorrow so staff members can work on a deal. on sunday, the senate and possibly the house will reconvene and maybe vote on the bill either that day or on monday. the deadline is basically monday night at midnight, when we go over into the new year. ups said the capital, abc 7 news. -- outside the capita
many worry about the tax increases that could kick in. and they are angry we are four days a out with no deal. >> it is ridiculous. this is a necessary. >> while the republican senate minority leader is staying positive the democratic senate majority leader warns -- >> whatever we come up with is going to be imperfect and some people are not going to like it. >> the president says if a big deal cannot be reached, he wants at least a smaller deal to keep middle-class...
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Jan 1, 2013
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. >> what the senate passed will delay cuts for two months, prevent a big tax hike on estates valued legislation that r than $2 million. >> are are we going to avoid the fiscal cliff? >> i hope so. >> but it is unclear if there is enough votes on the house to pass the bill. >> this agreement represents the least weekend have done under the sicks. >> what we're going to do is put another $1 trillion worth of debt on the american people. >> some republicans are pushing for spending cuts to be added to the bill which means the senate would have to vote on that again if the house is able to pass an amended bill in the first place. they have too do this by thursdayed a noon, otherwise the new congress gets sworn in and this startses over again. >> pressure is on. be sure to stay with abc 7 for complete coverage on the showdown over the fiscal cliff. for updates log on to our website, wjla.com. well have the latest at abc 7 news at 11:00. >> secretary soff state hillary clinton is staying in the hospital. she is doctors are using blood thinners to break up the clot. it was discovered durin
. >> what the senate passed will delay cuts for two months, prevent a big tax hike on estates valued legislation that r than $2 million. >> are are we going to avoid the fiscal cliff? >> i hope so. >> but it is unclear if there is enough votes on the house to pass the bill. >> this agreement represents the least weekend have done under the sicks. >> what we're going to do is put another $1 trillion worth of debt on the american people. >> some...
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Dec 28, 2012
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we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will considerably smaller. that would be the wrong thing to do. >> after meeting with the president and treasury secretary, congressional leaders headed back to the capital without a deal. nancy pelosi insists some progress was made. disgorge by reports the would not be a deal todaythe dow closed down. the president did not make any new offers. congress should least extend tax cuts for everyone making $250,000 or less, and extend long-term unemployment benefits. democrats said have enough votes in the house and senate to pass the president also version of a short-term plan, but it is up to republicans in the house to call a vote. >> in the case of the speaker, i don't refuse to hold a vote per one of the key players, chris van halle, ranking democrat and house budget committee says he understands the public frustration -- hollen, ranking democrat and house budget committee, says he understands the public frustration. today the house speaker said he will no
we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will considerably smaller. that would be the wrong thing to do. >> after meeting with the president and treasury secretary, congressional leaders headed back to the capital without a deal. nancy pelosi insists some progress was made. disgorge by reports the would not be a deal todaythe dow closed down. the president did not make any new offers. congress should...
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Dec 31, 2012
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if not, an average american family will start the new year with a $3,400 tax hike. here's hoping there's a reason to raise your glass in a post tonight and a sigh of relief. john gonzalez, abc 7 news. >> you can get the latest on efforts to reach a fiscal cliff steel throughout the day. wjla.com. we will have full coverage at 5:00. happening right now, developing news out of new york. secretary of state hillary clinton is in the hospital this afternoon. she is big news for blood clots. t-fal in her home earlier this month and suffered a concussion. during a follow-up exam, doctors discovered the blood clot. if she was committed to new york presbyterian hospital testicles. doctors are treating her with a blood thinner. the treatment suggests that mrs. clinton will be ok. >> if you have a bleeding in your head, you would not put someone on anti-coagulant for treatment. they said they expect her to be in the hospital 48 hours. >> this is the second time mrs. clinton has suffered a blood clot. in 198898 she was hospitalized for blood clots behind her knee. the philadelp
if not, an average american family will start the new year with a $3,400 tax hike. here's hoping there's a reason to raise your glass in a post tonight and a sigh of relief. john gonzalez, abc 7 news. >> you can get the latest on efforts to reach a fiscal cliff steel throughout the day. wjla.com. we will have full coverage at 5:00. happening right now, developing news out of new york. secretary of state hillary clinton is in the hospital this afternoon. she is big news for blood clots....
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Dec 29, 2012
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and every american's tax rates are going up. every american's paychecks will get a lot smaller. >> friday, president obama and congressional leaders met about an hour and agreed to keep talking. >> it is constructive and it is getting done. we will see. >> this eveleaders in the senate are signaling they are ready to compromise. >> i'm hopeful and optimistic. and if there were is no deal the president wants an up or down vote extending tax cuts for those making a quarter million dollars or less. >> i will urge the senate to hold an up or down vote on a basic package to protect the middle class from a tax hike extend vital unemployment insurance for americans looking for a job. >> the impasse has shaken wall street, the dow jones falling 400 points since last week. business people but this man are worried about the future. >> we are deciding how many people we are hiring and we are figuring out how many machines and robots to invest in our factory. >> commits to be axed, there is agreement on 90% of the tax debate. it is the fate
and every american's tax rates are going up. every american's paychecks will get a lot smaller. >> friday, president obama and congressional leaders met about an hour and agreed to keep talking. >> it is constructive and it is getting done. we will see. >> this eveleaders in the senate are signaling they are ready to compromise. >> i'm hopeful and optimistic. and if there were is no deal the president wants an up or down vote extending tax cuts for those making a quarter...
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Dec 31, 2012
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leaders remain at odds over key issue, including the income -- income threshold for tax rates. we have war. >> in a rare sunday night session -- >> i think the enormity of the issue is very clear. >> u.s. senators gathered to solve a self-imposed crisis. >> this is the wrong time for us to go over the cliff. >> their plan to carve out a compromise dissolved. >> there is no single issue that remains on impossible sticking point. >> we are willing to make difficult concessions as part of a balanced agreement. >> january 1, steep tax hikes and big budget cuts go into effect potentially causing widespread damage to a fragile economy. >> regardless a partisan differences, our top priority is to make sure that taxes on middle-class families do not go up that would hurt our economy. >> the plan before the senate would prevent a tax increase for american workers extend unemployment benefits, and stop a slash in payments for doctors participating in medicare. some blame obstructionists in the republican controlled house. others point to failed potential leadership. >> we have not seen t
leaders remain at odds over key issue, including the income -- income threshold for tax rates. we have war. >> in a rare sunday night session -- >> i think the enormity of the issue is very clear. >> u.s. senators gathered to solve a self-imposed crisis. >> this is the wrong time for us to go over the cliff. >> their plan to carve out a compromise dissolved. >> there is no single issue that remains on impossible sticking point. >> we are willing to make...
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Dec 28, 2012
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meeting, president obama will push for a stop gap measure, a small deal that will at least prevent tax increases for those earning $250,000 or less. but even that seems unlikely. >> the american people have a right to be very upset with this congress. >> publicly, both sides have ratcheted up rhetoric, pointing the finger. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> the only reason why democrats have been trying to defect -- deflect attention over the past few weeks is they did not have a plan of their own. >> the path for the rest in the hands of the senate. house republican leaders say they will take action on whatever bill can pass the chamber. if there is a breakthrough, the legislation will not pass until the 11th hour or because house members to not return here until sunday night. abc news washington. >> new word on a potential dockworkers' strike that could cripple the nation's economy. the mediator now says contract with the longshoremen on the east and gulf coast have been extended for 30 days. thousand
meeting, president obama will push for a stop gap measure, a small deal that will at least prevent tax increases for those earning $250,000 or less. but even that seems unlikely. >> the american people have a right to be very upset with this congress. >> publicly, both sides have ratcheted up rhetoric, pointing the finger. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> the only reason why democrats...
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Jan 1, 2013
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it will extend tax cause making less than $250,000. and it will extend unemployment benefits for two million people they expire today. president obama announced that no one got everything they wanted and wants the house to pass it. >> we find ourself with a bill that does not reflect financial wisdom but the spirit that per veighs this town. the time to confront this is not now but later, we'll do the right thing then. >> some republicans are suggesting amending the bill that the senate passed and adding spending cuts in that bill. this will have to happen by noon thursday when this congress ends and the new one is sworn in or the whole thing starts over again. the sequestration cuts take effect as the tax cuts -- in fact, they have already taken effect. >> thank you. so what do americans think of the job that congress is doing to solve this fiscal crisis? agoal goal went out to find out. >> they don't think much of what is going on in the building behind me. we crossed the river into virginia and the fact that the fiscal cliff deal is
it will extend tax cause making less than $250,000. and it will extend unemployment benefits for two million people they expire today. president obama announced that no one got everything they wanted and wants the house to pass it. >> we find ourself with a bill that does not reflect financial wisdom but the spirit that per veighs this town. the time to confront this is not now but later, we'll do the right thing then. >> some republicans are suggesting amending the bill that the...
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. >> he went on to vowed there would be no further spending cuts without more tax hikes. republicans were furious. >> he calls people and has a group standing behind them and ridicules republicans. why? why would the president wants to do that? >> republicans thought they were close to a deal yesterday. senior leaders said that deal fell apart when the white house coupled tax hikes with new spending measures. >> any suggestion that this new revenue, would be used to give away and funds new spending. >> the stakes remain high. especially for the d.c. region. >> the washington region will suffer under sequestration far worse than other parts of the country. >> both sides still insist they want a deal. the senate and house to avoid the fiscal cliff, but the senate is pushing forward hoping they will have the deal by midnight tonight. we will technically go over the cliff on new year's day. the house hopes to fix everything on wednesday. they hope the markets will stay calm if the senate? today. mellon says they're happy with this final deal -- no one says they are happy with
. >> he went on to vowed there would be no further spending cuts without more tax hikes. republicans were furious. >> he calls people and has a group standing behind them and ridicules republicans. why? why would the president wants to do that? >> republicans thought they were close to a deal yesterday. senior leaders said that deal fell apart when the white house coupled tax hikes with new spending measures. >> any suggestion that this new revenue, would be used to give...
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how high will taxes go? >> some homes in the prince william counties area will not be getting a local newspaper anymore. i will have details coming up. >> thank you. 2013 with these live pictures has started in some parts of the world. they are ringing in the new year with the big fireworks display right now in new zealand. beautiful display. good morning, washington. i am scott newman. i's check out our new your forecast. >> it is a pretty decent look at 2012. it 2013 not quite as gray. most of the week should be fine. we have the clouds pushing in from the west. they will slowly increase throughout the day today. i think we will have a lot of filtered sun shine through the morning hours. 21 in manassas. at 24, dulles. 30, d.c. we will warm up throughout the day into the low to mid 40's. right about where we should be for this time of year. more on a wintry mix shortly with the seven-day forecast. let's see how things are moving this morning. a few accidents. >> that right. the major accident is in virginia
how high will taxes go? >> some homes in the prince william counties area will not be getting a local newspaper anymore. i will have details coming up. >> thank you. 2013 with these live pictures has started in some parts of the world. they are ringing in the new year with the big fireworks display right now in new zealand. beautiful display. good morning, washington. i am scott newman. i's check out our new your forecast. >> it is a pretty decent look at 2012. it 2013 not...
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Dec 31, 2012
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republicans are adamant about keeping the state tax from going up. an offer was made on the gop side but a counter proposal was never presented. false hope, some say. it is truly the 11th hour. if there is not a deal today we're not only talking about tax increases next year, but about millions of americans who would not be able to file their taxes until late march. you guessed it, that would trigger -- refunds would be delayed, so that could be a problem for about 100 million americans. >> a lot of crossed fingers. thank you. 29 degrees. still ahead, get ready to pay more to take the toll road. we of details on a rate increas we spend a lot of time on the feed because a chicken is what it eats. [ jim ] this seal verifies we feed my fresh all-natural chickens an all-vegetarian diet including socorn, soybeans, and marigolds. no animal by-products. no meat and bone meal. when you put my chicken on the table you know where it came from. well i always worry about what's in the food that i put on my children's plate. that's why we use all-white meat bread
republicans are adamant about keeping the state tax from going up. an offer was made on the gop side but a counter proposal was never presented. false hope, some say. it is truly the 11th hour. if there is not a deal today we're not only talking about tax increases next year, but about millions of americans who would not be able to file their taxes until late march. you guessed it, that would trigger -- refunds would be delayed, so that could be a problem for about 100 million americans....
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Dec 28, 2012
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four days until we reach the fiscal cliff -- president obama is launching a last-ditch effort to avoid tax increases and spending caps set to take effect january. the president is set -- set to meet with house and senate majority leader's for the first time since november. this comes after the partisan bickering with democrats and republicans blaming each other for failing to reach a deal. this morning the nation is remembering retired general norman schwarzkopf, who died thursday of complications from pneumonia. he is known for leading allied forces in the 1991 gulf war walk caption during -- capturing the public imagination. >> norman schwarzkopf a little- known u.s. army general looking to retirement. then saddam hussein invaded kuwait and norman became a household name. he turned into the face of the u.s.-led counterattack called youoperation desert storm. >> let me put it this -- it will take as long as it takes for a iraqis to get out of kuwait and the united nations resolution to be enforced. >> the campaign culminated in a massive ground offensive, routing the iraqis in 100 hours.
four days until we reach the fiscal cliff -- president obama is launching a last-ditch effort to avoid tax increases and spending caps set to take effect january. the president is set -- set to meet with house and senate majority leader's for the first time since november. this comes after the partisan bickering with democrats and republicans blaming each other for failing to reach a deal. this morning the nation is remembering retired general norman schwarzkopf, who died thursday of...
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Dec 28, 2012
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many republicans are against any tax increases. most americans just want something to be done. >> people are tired of partisanship and they want everyone to come together. >> if lawmakers don't reach a deal by january 1, many economists are concerned it could eventually lead to another recession. >> misinformation on the deadly subway attack we have been talking about. it took place in new york city, the second in a month. jummy olabanji is an ally of desk with more now on that attack. >> we have learned that the nypd has just reopened the 40th street subway station in queens. that's the station that has been closed since 8:00 last night when a man was pushed in front of an oncoming train and killed. a woman who had been muttering to herself got up from a bench, with the victim into the path of a seventh train in queens and then ran away. the victim's identity remains unknown. the abc affiliate in new york city says the man's wallet and laptop were found at the scene. there's no security video of the incident, but this grainy video
many republicans are against any tax increases. most americans just want something to be done. >> people are tired of partisanship and they want everyone to come together. >> if lawmakers don't reach a deal by january 1, many economists are concerned it could eventually lead to another recession. >> misinformation on the deadly subway attack we have been talking about. it took place in new york city, the second in a month. jummy olabanji is an ally of desk with more now on...
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Dec 24, 2012
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nothing surprises me about the fact tax we might have to be at a store later today. all of mine is done and trapped under the tree and ready to go. why not get a few things? aimak ramallah and there are deals. i know-- i am out here and there are deals. i know sometimes you have to go to bed early to get ready for the morning show. how about some newsletters? those are on sale. a lot of people are waiting until the last minute to get their holiday shopping done. we have seen many people coming in this morning. the store has been open several days straight. they will be open until 6:00 at the macy's in tyson's corner and many stores stay open till 10:00 tonight. retailers hoping this will be the final push for the holiday season. many hoping the a 41-day black friday stretch would be the big time for shoppers to get out but it turned out to be a little-weaklittle- the four-day stretch. deals of 25% to 50% off at macy's. you have a matter of hours to get it under the tree. back to you. >> thank you. your scarf looks good with your outfit. what size are you in slippers?
nothing surprises me about the fact tax we might have to be at a store later today. all of mine is done and trapped under the tree and ready to go. why not get a few things? aimak ramallah and there are deals. i know-- i am out here and there are deals. i know sometimes you have to go to bed early to get ready for the morning show. how about some newsletters? those are on sale. a lot of people are waiting until the last minute to get their holiday shopping done. we have seen many people coming...
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Dec 24, 2012
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the deadline for preventing tax hikes is one week today. it is likely that the president and congress will work right to new year's ever. >>> overseas now, where an american has been killed by an afghan policewoman. there have been similar insider attacks, but this is the first time a female security officer has been involved. >>> the nra is not backing away from the call for armed officers in schools. congressman chris murphy, whose district includes newtown calls the stance tone deaf and revolting. >>> a rel christmas gift, getting to where you're going on time today. storms are causing major trouble. not only trying to get through snow-covered roads. rain and wind are grounding flights in warmer parts of the country as well. >>> finally, christmas a good time to do star-gazing. jupiter and the moon will be close together in the sky and very bright. you'll be able to see them even in urban areas. the star of bethlehem may have been a similar astronomical event. you have to look to the east southeast sky. wherever that may be. you can tell
the deadline for preventing tax hikes is one week today. it is likely that the president and congress will work right to new year's ever. >>> overseas now, where an american has been killed by an afghan policewoman. there have been similar insider attacks, but this is the first time a female security officer has been involved. >>> the nra is not backing away from the call for armed officers in schools. congressman chris murphy, whose district includes newtown calls the stance...
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Dec 28, 2012
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president obama will meet with leaders today to avoid tax hikes. we will have an in-depth report just a few moments. here is a check of the traffic. >> here is the impact of the water main break. this is 355 just south of the beltway. the right lane is still squeezing by. the best way is to head into georgetown road. we will take a look at springfield with everything moving smoothly. 395 moving without delay, accidents, or incidents. at the forecast. >> 37 degrees is our temperature right now. way into theour upper thirties and low '40's with sunshine between the cloudiness. t is when tonight, tha the snow begins. think everyone will get some mixing through the south and east. heavier amounts in the blue area.ry the snow lasts through the g tomorrow and dries up in the day. it will be sunny but breezy on sunday. >> double for watching. have another update [ cheers and applause ] >>> wow. amazing. hello. hello. good morning. look at d.j. kiss, getting it done. she's also a smart d.j. because he's inside. >> a little cold out here. >> it's brisk out
president obama will meet with leaders today to avoid tax hikes. we will have an in-depth report just a few moments. here is a check of the traffic. >> here is the impact of the water main break. this is 355 just south of the beltway. the right lane is still squeezing by. the best way is to head into georgetown road. we will take a look at springfield with everything moving smoothly. 395 moving without delay, accidents, or incidents. at the forecast. >> 37 degrees is our temperature...
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Jan 1, 2013
01/13
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3 after weeks and weeks of meetings...in an early morning ssssion, the senate approves a measuue on tax increases andd spending cuts. ccts.as ed ayne reports...the measure noo goes to the house oo representatives. representatives. --reporter pkk-as folllws --at the stroke of midnight, ann americans were celebrating and ringing in the new year. but the mood in ashington was much more serious.vice president joe biden went too capitol hill late onday night after senate eaderr struck a deal with the whhte house. back intoosession...and around 2-a-m.. the vote was in."the bill as amended is passed."in an 89-to-8 vote, the senate approvvd a measure that puts off sppnding cuts for two months and keeps thh bush-era tax cuts for individuals earning less thann$400,000 and couples eerning llss than $450,000. senate majority leader harry reid said their goal as to prottct america's middll cclss.miidle class the assuuance that their taxes - won't go up 22-hundred doolars each. they'll have the certaintt o plann ow they'll pay for groceries, rent, car senate minority leader mitch mcccnnell said repub
3 after weeks and weeks of meetings...in an early morning ssssion, the senate approves a measuue on tax increases andd spending cuts. ccts.as ed ayne reports...the measure noo goes to the house oo representatives. representatives. --reporter pkk-as folllws --at the stroke of midnight, ann americans were celebrating and ringing in the new year. but the mood in ashington was much more serious.vice president joe biden went too capitol hill late onday night after senate eaderr struck a deal with...
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Dec 31, 2012
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minimum tax rate. if we go over the fiscal cliff, it will revert to a system not adjusted for inflation. secretary of state hillary clinton remains hospitalized, undergoing treatment for a blood clot. it stems from a concussion she sustained earlier this month while battling the flu. a spokesperson says doctors discovered the blood clot sunday on a follow-up examination. the 65-year-old hillary clinton is being treated with anti coagulates. >> good afternoon, temperatures are warming up more than what we saw yesterday. 38 degrees at the airport and 40 degrees downtown. this is about where we were yesterday but it felt colder yesterday with a strong wind. the highs should be in the low to mid 40's by the afternoon and clouds are increasing as a storm moves this way. it is producing precipitation off -- from the midwest. we will track this for you when we come back in a few minutes. >> if you are planning to hit the town for new year's eve, baltimore is ready to put on a great show. workers are preparing
minimum tax rate. if we go over the fiscal cliff, it will revert to a system not adjusted for inflation. secretary of state hillary clinton remains hospitalized, undergoing treatment for a blood clot. it stems from a concussion she sustained earlier this month while battling the flu. a spokesperson says doctors discovered the blood clot sunday on a follow-up examination. the 65-year-old hillary clinton is being treated with anti coagulates. >> good afternoon, temperatures are warming up...
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Dec 27, 2012
12/12
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republicans remain against any tax increases. the debate is park sparking a high stakes match. >> the speaker cares more about his speaker ship than helping the nation. >> nobody is willing to pull the trigger. everybody wants to play the blame game. it's about to put us over the edge. >> reporter: and that's just where the economy may go. some say a situation could be allowing tax increases to tack effect on january 1st and then on the third when the new congress is sworn in, lawmakers can vote to cut taxes. >> the new year brings another deadline for homeowners. december 3rd 1 the last day toa play for the homestead tax credit. the credit is supposed to put a limit on an increase in property taxes if the home's assessment value jumps but it's only supposed to go for a primary residence. its going into effect to eliminate the credit for people who shouldn't be getting it. >> we have plenty ofen eligible properties getting credits they aren't entitled to. in 2007 the general assembly passed another bill requiring a one time appli
republicans remain against any tax increases. the debate is park sparking a high stakes match. >> the speaker cares more about his speaker ship than helping the nation. >> nobody is willing to pull the trigger. everybody wants to play the blame game. it's about to put us over the edge. >> reporter: and that's just where the economy may go. some say a situation could be allowing tax increases to tack effect on january 1st and then on the third when the new congress is sworn in,...
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Dec 31, 2012
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aaa is not offering its tipsy tax service. a grant ran out. >>> sometimes new year's can get too late for the kids. we'll show you how mort discovery threw -- port discovery threw one for them. >>> and some are using a tragedy to make a profit. we'll show you how your donations can go to the correct place. >> three degrees off, no winner this time. wintry showers. will that be the case to start off hour 2013? we answer that straight ahead on abc2 news at 6:00. >>> last week we warned you about scammers using the name of sandy hook to cash. a woman was arrested for doing that. joce sterman has details in this week's scam alert. 33 croorld noelleal ba hides her face. the victim -- the fbi claims alba set up a charity scam potion as the aunt of 6-year-old victim noah posner. >> it's disheartening. i don't know how people can do it. >> reporter: vicky has scene how low scammers can g she's the god mother of benjamin wheeler. his name has been used in a money grab. >> the money is not set up going to him. it's in his name for someo
aaa is not offering its tipsy tax service. a grant ran out. >>> sometimes new year's can get too late for the kids. we'll show you how mort discovery threw -- port discovery threw one for them. >>> and some are using a tragedy to make a profit. we'll show you how your donations can go to the correct place. >> three degrees off, no winner this time. wintry showers. will that be the case to start off hour 2013? we answer that straight ahead on abc2 news at 6:00....
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Dec 24, 2012
12/12
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tax rate hikes are partisan solution driven by the president but he'll get tax rate hikes. >> some lawmakers say that no deal will get done by the end of the year. >>> the second victim of a shooting in northeast washington has died. beasley was found shot in the early hours of saturday morning. harris was found lying in the road nearby and pronounced dead at the scene. police are offering a $25,000 reward for information that helps them solve this case. >>> a fixture on the potomac river since the 1940s could be closing. jack's boathouse has been renting canoes for decades. the national park service owns that land and recently notified the tenant by letter that he had to vacate by the end of january. >> found just a form letter saying we were terminated and had to be out in 30 days. >> he says he started notifying boat owners and 27 employees who would be let go in the boathouse closes. fans of jack's boathouse started a facebook page to try to save the landmark. >>> the mars rover is about to do something never done before on the red planet. it will begin searching for rocks to drill. righ
tax rate hikes are partisan solution driven by the president but he'll get tax rate hikes. >> some lawmakers say that no deal will get done by the end of the year. >>> the second victim of a shooting in northeast washington has died. beasley was found shot in the early hours of saturday morning. harris was found lying in the road nearby and pronounced dead at the scene. police are offering a $25,000 reward for information that helps them solve this case. >>> a fixture on...
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Dec 31, 2012
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there'' also an extension on unemmloymmnt raise in the eetate tax rate. "we will continue to work on smarter waas to cut spending but ets not let that hold up hike that will ake place in 10 hours." hours." but in order poo thii to be pproved pemocrrts will have to give in on tax hikes and republicans cuts. ompromise on spending here in maryland...tte owwerof several estaurant is neevously pwaainn word from washingtonon any breakthroughh and as john rydell tells us...he's already worried...what thenew year will bring...if there'' no deaa. deal... (rydell) "yeah, isnn' that funny, thhy're countinn down the year on new year's eve, that'ss telling right therr."jjmes assurancess..from eitterthe president...or congress...that fiscal clifff..is imminent. "i think 2003 will bring a lot of unceetainty and a lot of challenges."kkng owns several pestaurants ...ann fears... that starttng new year's day...there'lllbeautomatic increasess..in the federal payroll tax.(king) "and it's a two percent increase across the boarr for all of our employees, they're going to feel
there'' also an extension on unemmloymmnt raise in the eetate tax rate. "we will continue to work on smarter waas to cut spending but ets not let that hold up hike that will ake place in 10 hours." hours." but in order poo thii to be pproved pemocrrts will have to give in on tax hikes and republicans cuts. ompromise on spending here in maryland...tte owwerof several estaurant is neevously pwaainn word from washingtonon any breakthroughh and as john rydell tells us...he's already...
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Jan 1, 2013
01/13
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(prioleau) there wwll be a delay in filing oo tax returns." and of course...unttl the house...takes a final votte..on this massive plan...to reduce the deficit... most aaerrcans... won't know... paying... in taxes.john rydell,,fox 45 news t 5:30. baltimore city saw its numberrof homicidee growwinn201. 2012. 17 peoole lostttheir liiessin baltimorr city last pear. that is 20 more compared to 2011 hen baltimore aw a historicclow. is the vice chair of the public ssfety committee. he says while theepolice &pdepartmeet has focused on getting bad guys wiih guns off the street... it's time t shift it's focus to include the community. 10:40:31 i always say it's the 80 20 rule 80 perrent of the officers we have are doing percent 20 percent but one 15 unforntaell those are they people they reeember they're street they're gonna remember - &pthe one who cursed hem out o yelled at them ::8 last monthh pplice commissioner anthony batts division tt address residents' &pconcerns. &pp3 you saw firrt on fox invvlving - a pizza delivery driver who says he was dem
(prioleau) there wwll be a delay in filing oo tax returns." and of course...unttl the house...takes a final votte..on this massive plan...to reduce the deficit... most aaerrcans... won't know... paying... in taxes.john rydell,,fox 45 news t 5:30. baltimore city saw its numberrof homicidee growwinn201. 2012. 17 peoole lostttheir liiessin baltimorr city last pear. that is 20 more compared to 2011 hen baltimore aw a historicclow. is the vice chair of the public ssfety committee. he says while...
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Dec 30, 2012
12/12
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if it doesn't every body income tax also go up. average family would pay an extra $3446 more in 2013. and farm programs would expire. potentially doubling the price of milk. and if congress doesn't pass a new bill. >> we will come back with a new congress in january 4th and the first bill that will be introduced will be class families. >> reporter: the bargaining continues tonight. abc news, new york. >> for more on the fiscal cliff we have you covered. go to abc2news.com. head to the home page slide show for breakdown of what difference scenarios in -- difficulty scenarios in washington -differ scenarios in washingtoncould different scenarios could mean in washington. >>> look at the flames shooting from this house. investigators say a 4-year-old saw the fire and told his grandmother because his parents were not home. man inside tried to put it out- - -- a man inside tried to put piet out but the flames were too intense. no one was injured but the fire caused more than $100,000 worth of damage to the house. >>> a 33-year-old man w
if it doesn't every body income tax also go up. average family would pay an extra $3446 more in 2013. and farm programs would expire. potentially doubling the price of milk. and if congress doesn't pass a new bill. >> we will come back with a new congress in january 4th and the first bill that will be introduced will be class families. >> reporter: the bargaining continues tonight. abc news, new york. >> for more on the fiscal cliff we have you covered. go to abc2news.com....
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Jan 1, 2013
01/13
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WUSA
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. >>> legislation to keep taxes from going up across the board is headed to the house of representatives. the senate approved an agreement early this morning. house speaker john boehner has not endorsed that agreement but he has promised a vote or g.o.p. alternative right away. danielle nottingham has more. >> reporter: house speaker john boehner is promising a quick vote on the fiscal cliff bill passed early this morning in the senate or an amended alternative. baner has not endorse -- boehner has not endorsed the agreement which may face opposition from conservative lawmakers in the house. vice president joe biden negotiated a deal with senate republicans over the weekend. the agreement makes bush era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000. it also postpones harsh across- the-board spending cuts for a few months. >> this shouldn't be itself model for how we do -- be the model for how we do things around here but i think we can say we've done some good for the country. >> families will make up today to the assurances their taxe
. >>> legislation to keep taxes from going up across the board is headed to the house of representatives. the senate approved an agreement early this morning. house speaker john boehner has not endorsed that agreement but he has promised a vote or g.o.p. alternative right away. danielle nottingham has more. >> reporter: house speaker john boehner is promising a quick vote on the fiscal cliff bill passed early this morning in the senate or an amended alternative. baner has not...
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Jan 1, 2013
01/13
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heads senate overwhelming approoedda 3 last- minute package that era tax cuts in pllce for sh--- 400-thousand dollars... or couples making less than 450- pice president joe bbden delivered the news of a deal to ddmoocratic lawmakers. the packkge blocks spenddng unemployment benefits for the - longgterm jobless, prevents a 27 perrent cut innfees fr &pdoctors who treaa medicare patients and prevvnts a spike in milk prices. a last-minute additioo would also prevent a pay raise for members of congress from lawmakers are rrlievee thht phey ffnally reached an agreement. whole sot: working through the &pnight... weeve reached a deal.... ..... this legislation doos that that whole sot: we can say we've done some good or the country.... through... repuclibans arr eady for &pfor the house is expected ttovote on the proposal either today or tomorrow. cliff... llwmakers also have ceiling.the u-s rrached it's legal borrowing limit of 16-point-4 trillion dollars yesterday.the treasury department is taking measurrss to buy time until the end of february.they include... suspending some investmenns in
heads senate overwhelming approoedda 3 last- minute package that era tax cuts in pllce for sh--- 400-thousand dollars... or couples making less than 450- pice president joe bbden delivered the news of a deal to ddmoocratic lawmakers. the packkge blocks spenddng unemployment benefits for the - longgterm jobless, prevents a 27 perrent cut innfees fr &pdoctors who treaa medicare patients and prevvnts a spike in milk prices. a last-minute additioo would also prevent a pay raise for members of...
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Dec 31, 2012
12/12
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the cost covered by the new tax hikes. the president scoffed at republican demands for deeper spending cuts. >> shove only spending cuts down, you know -- well, shove spending -- shove spending cuts at us. >> reporter: so much for winning gop allies. >> laughs and jokes and ridicules republicans. why? >> reporter: another question -- will speaker john boehner permit a house vote to hike taxes? if most of his reps will vote no. whatever happens before midnight or doesn't happen. this partisan war on taxes and spending is sure to continue into 2013. i'm steve handelsman, news4, capitol hill. >>> many investors are known for their averse to uncertainty. wall street is closely watching developments on capitol hill. brian sullivan is the coanchor of "streets signs" on cnbc and he's joining us with the latest. hi, brian. >> how are you doing? >> how are protracted negotiations affecting the markets so far? >> it is markets are closing out the year with a high note however, just moments ago cnbc report john harwood at the white h
the cost covered by the new tax hikes. the president scoffed at republican demands for deeper spending cuts. >> shove only spending cuts down, you know -- well, shove spending -- shove spending cuts at us. >> reporter: so much for winning gop allies. >> laughs and jokes and ridicules republicans. why? >> reporter: another question -- will speaker john boehner permit a house vote to hike taxes? if most of his reps will vote no. whatever happens before midnight or doesn't...
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Dec 28, 2012
12/12
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WBAL
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. >> i hope there is a deal that avoid the worst parts of the fiscal cliff, mainly taxes going up and middle-class people. i think the odds are better than they could be that people think. >> the agreement would include not only an extension of middle- class tax cuts but would also extend unemployment benefits for millions. >> tax increases need to be avoided, they can be. in the end, we will get a deal. the question is the timing. it is encouraging that both sides continue to sit down and have lines of communication open. >> but a smaller deal will only leave a problem for the incoming congress in january. that is discouraging to america's ceo's. >> we still have the big problem of how we are going to fix our deficit and debt in the country. we know the parties have to work together, and we know we have to resolve this as quickly as possible. >> wall street is keeping a close eye on talks in washington. analysts are worried that any delay could rattle already fragile markets. >> two weeks after the tragedy at sandy hook elementary, the topic of gun-control has heated up at the state
. >> i hope there is a deal that avoid the worst parts of the fiscal cliff, mainly taxes going up and middle-class people. i think the odds are better than they could be that people think. >> the agreement would include not only an extension of middle- class tax cuts but would also extend unemployment benefits for millions. >> tax increases need to be avoided, they can be. in the end, we will get a deal. the question is the timing. it is encouraging that both sides continue to...
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Jan 1, 2013
01/13
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under terms of the legislation taxes on the middle class will not go up. individuals earning $400,000 a year or more and households earning $450,000 a year or more will see the levels return to clinton are a taxes. >> i think that we've made gigantic prog gressments i hope that we can have a bipartisan agreement as we go forward. >> vice-president joe biden -- >> we are losing an opportunity for reform. >> reporter: opponents of the deal said it was done in haste. >> senator mitch mcconnell said this shouldn't be the model and the senate proceed like a bull in a china closet anyway. >> reporter: if the deal is passed in the house, the president is expected to sign this, killing the tax hikes. i'm elizabeth corey done reporting. >> the senate bill's lack of spending cuts is a concern. house majority leader eric cantor said this is not over yet. >>> the new year was also the deadline to apply for the state's homestead tax credit. december 31st was the deadline this get the application in the mail but you can still turn it in tomorrow. >>> a home caught on fi
under terms of the legislation taxes on the middle class will not go up. individuals earning $400,000 a year or more and households earning $450,000 a year or more will see the levels return to clinton are a taxes. >> i think that we've made gigantic prog gressments i hope that we can have a bipartisan agreement as we go forward. >> vice-president joe biden -- >> we are losing an opportunity for reform. >> reporter: opponents of the deal said it was done in haste....
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Dec 26, 2012
12/12
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WBAL
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tax rates will go up on 30 million households at least. that is something the politicians are going to respond to. >> house republican leaders called on the senate to pass to bills they said would avoid the fiscal cliff. republicans said the lines of communication are still open but the house will not act until the democratically controlled senate does. >> at the maryland due in baltimore, the african lions were not in their native habitat because it was snowing. the weather was so bad that these do closed -- the zoo closed for the day. the snow did not bother the residents of this lion park pret. >> they are tougher than the ones in maryland. we had a couple of inches of snow this morning. we have had snow to sleep to freezing rain to thunderstorms. you name it, we have had it. we have had an inch and a half the tv station. up to 3 inches in westminster. most of that is compressed because of the rain and sleet. up to 3 inches in some areas. the steadiest precipitation has come to an end. you can see some heavy rain on the eastern shore. a
tax rates will go up on 30 million households at least. that is something the politicians are going to respond to. >> house republican leaders called on the senate to pass to bills they said would avoid the fiscal cliff. republicans said the lines of communication are still open but the house will not act until the democratically controlled senate does. >> at the maryland due in baltimore, the african lions were not in their native habitat because it was snowing. the weather was so...
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Dec 28, 2012
12/12
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WBAL
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and claim they voted to cut taxes. wbal-tv 11 news. >> some good news and now with the ravens officially in the playoffs. now is your chance to get the post season tickets. >> if you get any, send them my way. we will let you know where to get them coming up. >> the following monument in mount vernon? the historic spots that could come down and why is a man-made problem. >> union will be able to protect your child from identity theft. >> still waiting on a damage estimate after a messy car crash in. historic wall at mount vernon park in danger of falling. police are warning anywhere near the park to be careful and they are roping off areas near the park. investigators tell 11 news a man driving a four-door sedan and fell asleep at the wheel crashing into a wall and flipped over. we are told driver was not hurt, but a passenger was taken to the hospital with a neck and back injuries. the lafayette monument was dedicated back in 1924. >> a shortage of chemotherapy drug it, and a batch of alarming statistics showing that
and claim they voted to cut taxes. wbal-tv 11 news. >> some good news and now with the ravens officially in the playoffs. now is your chance to get the post season tickets. >> if you get any, send them my way. we will let you know where to get them coming up. >> the following monument in mount vernon? the historic spots that could come down and why is a man-made problem. >> union will be able to protect your child from identity theft. >> still waiting on a damage...
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Dec 28, 2012
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. >>> time is running out for homeowners to take advantage of a tax credit. >>> we reveal the cream of skin products. >>> we begin with winter weather. we hope that nothing is moving in and it stays calm. >>> a nice stretch, rosy in the day tomorrow, the wicked winds of today are diminishing, breezy and winds northwest, 10 to 15, even the peak wind gusts are down. things are quieting down. wind chills in the 20s. while one storm continues to head out into eastern kansas, a new storm on the texas coast and that will be the saturday weather maker. doesn't look like much now but it is headed our way for the first half of the weekend and it will mean winter weather for maryland and we got the details in a few minutes. >>> have you been swammed with news of a fiscal cliff where your property rates could rise if you don't take action. for half a million marylanders, they may be missing out on free money. we have more on that. >> reporter: we are talking about losing hundreds and possibly thousands of dollars if the homestead tax credit mick -- application is not filled out. we learned that m
. >>> time is running out for homeowners to take advantage of a tax credit. >>> we reveal the cream of skin products. >>> we begin with winter weather. we hope that nothing is moving in and it stays calm. >>> a nice stretch, rosy in the day tomorrow, the wicked winds of today are diminishing, breezy and winds northwest, 10 to 15, even the peak wind gusts are down. things are quieting down. wind chills in the 20s. while one storm continues to head out into...
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Dec 24, 2012
12/12
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. >> time is running out law makers are finger pointing about the lack of progress on averting tax hikes and deep spending cuts set to begin next month. a baltimore county officer is on administrative leave. we will tell you what police say happened behind a gas station that ended with a one man dead. and crisis averted. we made it beyond the end of the world predictions and now we learned we skirted another potential disaster. we will tell you about it ahead on this monday morning. christmas eve. thanks for joining us i am megan pringle. charley has the delay off -- day off but lynn yitette is here and it's a chilly start but no white christmas anyway. just cold. >> it's cold but we have a system he that's going to workits way in here. i am going to talk about that in a second budget talk yo talked about the cold temperatures and that's what we are seeing this morning. 26 degrees in perry hall and elkton at 25. 31 in bel air. really bundle up as you head out and about doing the last minute christmas shopping. do that dress in layers because when you get into the mall you will want to ta
. >> time is running out law makers are finger pointing about the lack of progress on averting tax hikes and deep spending cuts set to begin next month. a baltimore county officer is on administrative leave. we will tell you what police say happened behind a gas station that ended with a one man dead. and crisis averted. we made it beyond the end of the world predictions and now we learned we skirted another potential disaster. we will tell you about it ahead on this monday morning....
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Jan 1, 2013
01/13
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social security payroll tax. there was a 2% payroll tax holiday enacted two years ago and putting that back in this bill was not part of the deal. so that tax holiday allowed to expire. about $20 a week from worker's paychecks will be going back to the social security trust fund instead of into their pockets. back to you guys. >> all right. thank you very much. >>> happening now, gay marriage ceremonies in maryland. same sex couples some of them started taking their vows at the stroke of midnight. marriage licenses were given out on december 6th. but the new law didn't go into affect until the new year. dozens of same sex weddings are scheduled for today. this day would not be possible if not for people like patrick. for nearly ten years he's been in the fight for ten years. they were one of the first couples to sue maryland for marriage equality. patrick joins us by phone to talk about this historic day. good morning to you. happy new year. >> good morning. happy new year. >> how are you feeling today? >> i'm ex
social security payroll tax. there was a 2% payroll tax holiday enacted two years ago and putting that back in this bill was not part of the deal. so that tax holiday allowed to expire. about $20 a week from worker's paychecks will be going back to the social security trust fund instead of into their pockets. back to you guys. >> all right. thank you very much. >>> happening now, gay marriage ceremonies in maryland. same sex couples some of them started taking their vows at the...
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Dec 28, 2012
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that's when automattc tax increasse and ssendinngcuts would take effect. reaching a deal beeooe then on't be easy. becauseeright now, both high-stakes political blame game. we are here in washingtonnworking while the members of the house of reeresentatives are out watching movies and watching the kids play soccerrand bbsketball and doing all kinds oo things. they should be here. i told the prreident i'd beehappy to look at whateeer he proposes but the truth is we're coming up against a hardd &pthis is a conversation we &pbbsh-era tax cuts to everyonne except those americans making year. many republicans rrmain - against any tax incceases. most americans just wann sommthing to be done. ppople are just tired of everyone to come together. if lawmmkers don't reach a deal by jaauary 1st, many econnnmists are oncerned it couud eventually leed to anotherrrecessionn i'm ed payne reporting. supreme coort ustice sonia sottmayor turnssdown a request... to blook part oo thh "affordable heallhcarr act"... ffom going into effect have been filing lawsuiis to - block a ma
that's when automattc tax increasse and ssendinngcuts would take effect. reaching a deal beeooe then on't be easy. becauseeright now, both high-stakes political blame game. we are here in washingtonnworking while the members of the house of reeresentatives are out watching movies and watching the kids play soccerrand bbsketball and doing all kinds oo things. they should be here. i told the prreident i'd beehappy to look at whateeer he proposes but the truth is we're coming up against a hardd...
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Jan 1, 2013
01/13
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the bush-era tax cuts have expired so everybody's tax rates have gone up but if a compromised bill is passed, retroactively they can pass it. >> this represents the least we could have done under these circumstances. >> it fails to address the mortal threat -- uncontrolled spending. >> reporter: there's one deadline they cannot ig know. >>> the new congress begins monday at 12 p.m. karen travers, abc news washington. >> we have more at abc2news.com. just head to our home page and look for the featured stories. >>> all right. a lack at maryland's most powerful radar. very little of that precipitation has made its way north. all of it well, well south. conditions are still dry. clouds are holding tough around the area. that storm is staying south and still pretty cloudy around here. again, we stayed nice and dry. upper 30s in reisterstown, hick core ri and man chester. 42 in pape pea. cloudy and dry, getting cold. colder still as we go into tomorrow and the middle part of the week. we've got those numbers straight ahead. >>> new tonight a teen killed in a car crash in aberdeen. the vict
the bush-era tax cuts have expired so everybody's tax rates have gone up but if a compromised bill is passed, retroactively they can pass it. >> this represents the least we could have done under these circumstances. >> it fails to address the mortal threat -- uncontrolled spending. >> reporter: there's one deadline they cannot ig know. >>> the new congress begins monday at 12 p.m. karen travers, abc news washington. >> we have more at abc2news.com. just head to...
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Dec 31, 2012
12/12
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WBAL
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you have until today to file for the state homestead tax credit which limits how much property-tax can increase each year. it can file electronically if you had an election -- an application mailed to you. you can download the application and mail it in, but it has to be postmarked by today. for more on how to apply, go to our website, wbaltv.com. >> some maryland residents affected by superstorm sandy will be eligible to receive food stamps under a new federal program. president obama designated somerset county s a major disaster area, eligible for assistance. >> now, your forecast with meteorologist tony pann. >> of very quiet day today and that trend will continue as we head into new year's eve. don't expect any weather trouble if you are going out tonight. you see the battle of the air mass is going on across the united states. kohl, arctic air coming out of the southern part of canada, warmer air from the south, and they are meeting right there in the ohio valley. a week little storm, but ahead of it you see the cloud shield extends all the way to the coast. it is trying to produc
you have until today to file for the state homestead tax credit which limits how much property-tax can increase each year. it can file electronically if you had an election -- an application mailed to you. you can download the application and mail it in, but it has to be postmarked by today. for more on how to apply, go to our website, wbaltv.com. >> some maryland residents affected by superstorm sandy will be eligible to receive food stamps under a new federal program. president obama...
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Dec 26, 2012
12/12
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meaningful reform on the debt. >> there's talk about a smaller deal by harry reid that would prevent tax increases on those earning less than $250,000. >>> starbucks has come up with a democratic way for people to send a message to washington. the coffee giant is asking the stores to write the words come together on all drinks served tomorrow and friday. >>> well, they invested in a finance company owned by a now infamous baltimore insurance pitch man. now that hal katz business has gone belly up, they're out of luck. investigators continue digging into the story we first brought you in october. some lost college funds, life savings after funding one of katz' companies. >> it's not just a miss proargs of money -- misappropriation of money but a lack of trust. >> how many millions are missing. >>> winter weather is here in maryland and with it a serious skin condition. how to pretext your skin from cracking in the cold. >>> plus, it's time for that after christmas shopping. and, later, running your home on a remote. we'll look at the benefits of using a home automation system. those stori
meaningful reform on the debt. >> there's talk about a smaller deal by harry reid that would prevent tax increases on those earning less than $250,000. >>> starbucks has come up with a democratic way for people to send a message to washington. the coffee giant is asking the stores to write the words come together on all drinks served tomorrow and friday. >>> well, they invested in a finance company owned by a now infamous baltimore insurance pitch man. now that hal katz...
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Jan 1, 2013
01/13
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WUSA
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the legislation keeps the bush era tax cuts for middle-class families, raising taxes on incomes over $400,000. the bill prevents a 27% cut in fees for doctors who treat medicare patients and stops a scheduled $900 pay raise for members of congress. >> it could extend unemployment insurance to two million americans who are out there still actively looking for a job. >> this shoondz be the model for -- shouldn't be the model for how we do things around here but i think we can say we've done some good for the country. >> reporter: at least the senate think they've done some good for the country. the house still has to pass the bill for it to really become law and take effect before we fall off the so-called fiscal cliff. but some republicans say this deal will only delay the enevidentible. we'll have that -- the inevitable. we'll have that side of the story coming up at 5:30. >> delia goncalves reporting live from capitol hill. >> you might call it progress, right? >> maybe not. >> something happened over there. >>> 5:04. time for the latest your money report. >> we'll let jessica decid
the legislation keeps the bush era tax cuts for middle-class families, raising taxes on incomes over $400,000. the bill prevents a 27% cut in fees for doctors who treat medicare patients and stops a scheduled $900 pay raise for members of congress. >> it could extend unemployment insurance to two million americans who are out there still actively looking for a job. >> this shoondz be the model for -- shouldn't be the model for how we do things around here but i think we can say...
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Jan 1, 2013
01/13
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WMAR
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. >> the deal will increase estate tax and bring back clinton era tax cuts. fromhouse holds earning 250 thousand dollars a year reportedly to those making 4 hundred and 50 thousand dollars. frustratedrepublicans say while the deal will probably pass, it's not ideal. >> i personally don't like it because i think we're kicking the can down the road and not addressing the real crisis in the country which was not the fiscal cliff, it's a debts crisis. >> the spending cuts that were a sticking point are now postponed for two months at least. >> much more to come on this. stay with abc2 news for late breaking details out of washington. when we're not on the air you can get updates on abc2news.com. you can also find a guide on what the deal could mean for your wallet. if youhaven't checked your tax standing with the homestead tax credit, you better do it, today is the last day. you can turn in your tax application on wednesday in person at the state tax office in baltimore city. new tonight, we have pictures of two teams -- teens arrested charged with beating anothe
. >> the deal will increase estate tax and bring back clinton era tax cuts. fromhouse holds earning 250 thousand dollars a year reportedly to those making 4 hundred and 50 thousand dollars. frustratedrepublicans say while the deal will probably pass, it's not ideal. >> i personally don't like it because i think we're kicking the can down the road and not addressing the real crisis in the country which was not the fiscal cliff, it's a debts crisis. >> the spending cuts that...
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Dec 27, 2012
12/12
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WBAL
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they will be cutting taxes instead of voting to raise taxes. it is a small distinction, but an important one for some republicans. >> president obama spoke to congressional leaders before he left hawaii by phone yesterday. senator mcconnell says he would be happy to look for to any proposal from the president. >> economists have warned that failure to address the fiscal cliff could send our country back into recession. maryland live! casino now open 24-7. before they closed at 2:00 a.m. and 4:00 a.m. on friday and saturday. but this morning the anne arundel location , that stores for the very last time. >> they unlocked at 8:00 and there was a waiting line to get in. this is all early buzz for the 24-hour operation. before now, the casino had to close its doors, but not any more. and adult beverages here are now sold around-the-clock. >> 24 hours a day -- all day long, all night long, all year long. we are pretty excited about that. >> i think it is great. it will bring more revenue into the stage. i think it is win-win. >> i think it is great.
they will be cutting taxes instead of voting to raise taxes. it is a small distinction, but an important one for some republicans. >> president obama spoke to congressional leaders before he left hawaii by phone yesterday. senator mcconnell says he would be happy to look for to any proposal from the president. >> economists have warned that failure to address the fiscal cliff could send our country back into recession. maryland live! casino now open 24-7. before they closed at 2:00...
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Jan 1, 2013
01/13
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WTTG
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there is one tax that will rise for most workers. we're talking about the 2% payroll tax cut that was part of an obama stimulus that was passed two years ago and then extended for another year. in this deal, they're going to let that payroll tax cut expire and that will mean that an additional $20 a week out of most workers paychecks will now go back to the social security trust fund instead of into their pockets. juror all right. thank you -- >> all right. thank you for that report. >>> one major issue is the bill does not address is the debt ceiling. monday, the u.s. reached its legal borrowing limit and now the treasury department must work to buy time until the end of next month. the department will suspend some investments and benefit funds for federal workers. still, department will not be able to pay all of the nation's bills on time. this could set stage for another capitol hill battle as congress must vote to raise the debt ceiling. >> new this morning, gay marriage ceremonies are under way in maryland. same-sex couples have
there is one tax that will rise for most workers. we're talking about the 2% payroll tax cut that was part of an obama stimulus that was passed two years ago and then extended for another year. in this deal, they're going to let that payroll tax cut expire and that will mean that an additional $20 a week out of most workers paychecks will now go back to the social security trust fund instead of into their pockets. juror all right. thank you -- >> all right. thank you for that report....
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Dec 31, 2012
12/12
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WMAR
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if congress doesn't agree, spending cuts will go in to effect and we will pay more taxes. the impact is more than $3400 in a year. >>> she was supposed to return to work this week, instead, secretary of state, hilary clinton is in the hospital. treated for a blood clot that resulted after a fall earlier this month. >> reporter: hilary clinton was admitted to new york presbyterian hospital with a blood clot from a concussion she suffered several weeks ago. he doctors discovered the clot earlier in the day during a follow up exam. no details of where the clot is or other concerns have been releasede first time clinton has been diagnosed with a blood clot. in 98 she was admitted for a clot behind her right knee. the 65-year-old had a stomach virus this month and became dehydrated, fainted and struck her head. she canceled the trip abroad and was not well enough to appear on capitol hill to testify on the attack in libya. doctors want to monitor her medication over the next 48 hours. >>> good news for former president george hw bush, his health condition has improved, meaning
if congress doesn't agree, spending cuts will go in to effect and we will pay more taxes. the impact is more than $3400 in a year. >>> she was supposed to return to work this week, instead, secretary of state, hilary clinton is in the hospital. treated for a blood clot that resulted after a fall earlier this month. >> reporter: hilary clinton was admitted to new york presbyterian hospital with a blood clot from a concussion she suffered several weeks ago. he doctors discovered...
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Dec 28, 2012
12/12
by
WBAL
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without a fix on general one, tax hikes and spending cuts will kick in. president obama will meet and search for some type of compromise. leaders continue to play the blame game and point figures. >> i cannot imagine their consciences. we are here trying to get something done. republicans are not about to write a blank check just because we find ourselves at the edge of the cliff,. >> i highly unusual sunday evening session. a man is in a, tonight after he -- found beaten in the hous in a house. he suffered from head trauma. he had gone to give estimates on contract work when he went missing. >> they robbed him. they were wrong for what they did. i hear about stuff like this on the news but i would never know it would come to my family during the holiday season. >> the search continues for a suspect. ever since the massacre, he gun control debate has been raving. it had us curious about gun sales in maryland. >> the rifle adam lanza used was legally owned and registered to his mother. police say he shot her florida -- four times in the head before going t
without a fix on general one, tax hikes and spending cuts will kick in. president obama will meet and search for some type of compromise. leaders continue to play the blame game and point figures. >> i cannot imagine their consciences. we are here trying to get something done. republicans are not about to write a blank check just because we find ourselves at the edge of the cliff,. >> i highly unusual sunday evening session. a man is in a, tonight after he -- found beaten in the...
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Dec 24, 2012
12/12
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FBC
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it looks like we're going to get a little bit of extension it it of the tax, the bush tax credits or the bush tax cuts and see unemployment benefits, you know, extended for about 2 million people. and as a result, we're going to see a lot of discussion and little results except higher taxes, that's for sure. >> and one thing that surprised me, we know that taxes will remain the same until the end of the year. we assume that taxes are going to go up after the first of the year. so, why aren't people cashing out right now if they have gains, cash out right now, collect your gains at the lower tax rates and buy back in in january depending on what happens with the fiscal cliff? >> yeah, i mean, i actually have a lot of clients where we are literally selling their portfolio, capturing their cost basis now and reestablishing a new cost basis because we know for a fact we'll see 3.8% next year just from the obamacare tax and other taxes and we're seeing people do that. you're not necessarily seeing it in the market because about, i think something close to very, very small percentage of th
it looks like we're going to get a little bit of extension it it of the tax, the bush tax credits or the bush tax cuts and see unemployment benefits, you know, extended for about 2 million people. and as a result, we're going to see a lot of discussion and little results except higher taxes, that's for sure. >> and one thing that surprised me, we know that taxes will remain the same until the end of the year. we assume that taxes are going to go up after the first of the year. so, why...
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Dec 28, 2012
12/12
by
WUSA
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taken out because of the payroll tax, or they are going to lose deductions. most of the time they won't see a big deal until their first paycheck next year comes in. >> linda, president of tax masters in rockville, thanks for joining us and answering our viewers question. >> thank you, matt. >> highway officials throughout the region are warning holiday weekend travelers to stay off the roads if possible, he is special tomorrow morning. >> reporter: i'm scott broom in maryland where highway crews are not expecting a big symptoms, but they are expecting enough snow to make highways hazardous in just about every direction you can go. >> i do have travel plans, and that's to stay home. >> if you haven't been think about driving in winter weather now is the time. >> reporter: at the command center in hanover, maryland, laura is keeping tabs on the developing forecast. >> it's never a good time to drive at the onset of a storm. so fur planning on traveling this weekend keep a close eye on the winter storm on saturday, and if possible, delay travel until later in t
taken out because of the payroll tax, or they are going to lose deductions. most of the time they won't see a big deal until their first paycheck next year comes in. >> linda, president of tax masters in rockville, thanks for joining us and answering our viewers question. >> thank you, matt. >> highway officials throughout the region are warning holiday weekend travelers to stay off the roads if possible, he is special tomorrow morning. >> reporter: i'm scott broom in...
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Dec 27, 2012
12/12
by
WMAR
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the credit is used to help off set increase in your state property taxes. that would happen if your home's assessed value jump but it's only supposed to go for primary residents. the state legislature passed a law to try to cut down homeowners getting the credit for properties they shouldn't have been getting credit for. for the past five-years maryland homeowner is have gotten at least two notices by mailing you know an application had to be [inaudible] for that credit. >> this five-year program that we have had we asked homeowners to file an application just to verify they are living in the property, it's not a rental, it's not a second home. husband and wife can have one, can't have two. we are eliminating some of the credits that shouldn't have been granted over the last 30 years basically. >> he said that out of one and a half million homeowners only a million have filed for it. you have until december 31st to get it done and we have a link to the state site where you can find if you still need to file one. click on this story in the feature story a ye
the credit is used to help off set increase in your state property taxes. that would happen if your home's assessed value jump but it's only supposed to go for primary residents. the state legislature passed a law to try to cut down homeowners getting the credit for properties they shouldn't have been getting credit for. for the past five-years maryland homeowner is have gotten at least two notices by mailing you know an application had to be [inaudible] for that credit. >> this five-year...